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Kristalina Georgieva. Kristalina Ivanova Georgieva-Kinova ( Bulgarian: Кристалина Иванова Георгиева-Кинова; née Georgieva; born 13 August 1953) [1] is a Bulgarian economist serving as the 12th managing director of the International Monetary Fund since 2019. She was the Chief Executive of the World Bank Group ...
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World Bank Group. The World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
Incumbent. Ajay Banga. since June 2, 2023. Term length. Five years, renewable. Website. president .worldbankgroup .org. The president of the World Bank Group is the head of World Bank Group. The president is responsible for chairing the meetings of the boards of directors and for overall management of the World Bank Group.
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The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia's invasion of Ukraine and the lingering effects of the coronavirus pandemic.